“The aluminium industry in the Americas has been facing various challenges in recent years, such as the global oversupply of aluminium, which has led to low prices and reduced profitability for many companies in the industry, along with energy contract uncertainties.” - EPIQ Machinery

AL Circle: How prompt is the American market in incorporating the latest technologies in the domestic aluminium industry? What is the current market size of aluminium technologies in the Americas?

EPIQ: Incorporating the latest technologies to reduce energy consumption and achieve carbon neutrality is a crucial step towards sustainability for primary aluminium producers. Canada has a strong focus on environmental initiatives, and many companies in the country are actively working towards these goals. By adopting innovative technologies, such as advanced process control systems, energy-efficient equipment, and renewable energy sources, primary aluminium producers can significantly reduce their carbon footprint. These technologies can help optimize production processes, minimize waste, and improve energy efficiency. Additionally, primary and secondary aluminium producers can also explore other sustainable practices, such as recycling aluminium scrap and implementing circular economy principles. These initiatives can further contribute to reducing energy consumption and carbon emissions.

It's interesting to note the shift in the secondary aluminium industry in the USA over the past 15 years. The increased demand for aluminium and the profitability of the market has likely incentivized producers to prioritize safety and embrace new technologies in their operations. This willingness to improve safety and adopt new technologies is a positive development for the industry.